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The latest news and information on mortgages, the property market and other financial matters.

No change to the base rate

No change to the base rate

Inflation is down, but the base rate has been held at 5.25% yet again. When is it likely to come down, and what’s happening with interest rates? Find out more… The Bank of England’s base rate has remained the same in today’s review despite yesterday’s news about...

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House prices remained stable in May

House prices remained stable in May

Halifax’s latest House Price Index showed that monthly house prices dipped just slightly last month, while figures released at the end of May from Nationwide showed a small increase. Both lenders agree that the market is showing resilience. House prices were stable in...

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Inflation is down, but when will the base rate be cut?

Inflation is down, but when will the base rate be cut?

Figures released by the Office for National Statistics today showed that inflation has come down – and is now only slightly above the Bank of England’s 2% target. CPI inflation, which relates to everyday goods like groceries, fuel and clothing, fell to 2.3% in April,...

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No change in the base rate

No change in the base rate

The Bank of England has today announced its decision to hold the existing base rate. So, what does this mean for mortgage rates and the property market for the remainder of this year? In a predicted move on 9 May, the Bank of England’s Monetary Policy Committee has...

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House prices should go up this year, says Halifax

House prices should go up this year, says Halifax

If the base rate goes down in 2024, mortgage rates should fall, and property prices should rise this year, says the lender. Read more about the latest house prices and Halifax’s expectations for the property market. House prices increased on average by 0.1% in April...

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